Mr. Speaker, by its very definition, a voluntary program will, obviously, not develop the same kind of sustainability and pool of pension funds that an excellent plan like the CPP has developed over time. That is one of the reasons that we are supporting the CPP as the best alternative for a public pension system to support retiring workers.
The member is absolutely right. We have the TFSA and RRSPs. Private retirement savings vehicles are already in place. We do not need pooled pension plans on top of that. The reason there is only 30% take-up is that people do not have money to put into these investment vehicles. Anybody in the House who has been following the news knows that we have been experiencing plant closure after plant closure. Decent paying jobs are lost in this country and are replaced by minimum wage jobs. People on minimum wage do not have money to put into TFSAs or RRSPs and they certainly do not care whether a pooled pension plan is created. They do not have the money to invest.